Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018 Chapter I Preliminary
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Appointment of Administrator: framework for recovering and refunding investor monies via e-auction and recovery proceedings. Framework definitions for recovery and refund: Administrator (an Insolvency Resolution Professional engaged by the Recovery Officer), Recovery Officer (authorised Board officer exercising recovery powers), 'refund order' (Board direction to return monies), 'defaulter' (person ordered to refund or disgorge and named in the certificate), and 'investor' (person entitled to refund). 'Property' is broadly defined to include assets, securities and proceeds; 'e-auction' and 'e-auction agency' govern electronic sale of attached assets. Undefined terms take meanings from the Act and referenced statutes.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appointment of Administrator: framework for recovering and refunding investor monies via e-auction and recovery proceedings.
Framework definitions for recovery and refund: Administrator (an Insolvency Resolution Professional engaged by the Recovery Officer), Recovery Officer (authorised Board officer exercising recovery powers), "refund order" (Board direction to return monies), "defaulter" (person ordered to refund or disgorge and named in the certificate), and "investor" (person entitled to refund). "Property" is broadly defined to include assets, securities and proceeds; "e-auction" and "e-auction agency" govern electronic sale of attached assets. Undefined terms take meanings from the Act and referenced statutes.
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